1Professor and Former Dean, Department of Commerce, Gulbarga University, Kalaburagi. E-mail: drbmk_627@rediffmail.com
2Research Scholar, Department of Studies and Research in Management, Gulbarga University, Kalaburagi
*Corresponding Author E-mail: ravindrag609@gmail.com
Online published on 23 January, 2019.
The study attempts to evaluate the performance of stock market in India for the period starting from 2007 to 2017. We have included five parameters viz, Market-cap-to-GDP ratio, Price-toearnings (P/E) ratio, Price-to-book ratio, Dividend yield and Price-Earnings-to-growth(PEG) ratio to measure the performance of stock market. The findings of the study reveal that, market valuation in terms of P/E ratio and PEG ratio indicates that the Indian equity market is expensive and overheated. On the other hand Market-cap-to-GDP, Price-Book value, Dividend yield, and indicate that the market is still attractive and not yet slipped into expensive territory
Dividend yield, Market-cap-to-GDP ratio, Price-to-Earnings ratio, Price-to-Book ratio, Price-Earnings-to-Growth ratio